Economic Development Council Of Shelby County Illinois
- Assets
- $87.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Shelbyville, IL
- Founding
- 02/2012
- Data as of
- 12/2023
- EIN
- 32-0286321
Organization Overview
Economic Development Council Of Shelby County Illinois is located in Shelbyville, IL. The organization was established in 2012. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Economic Development Council Of Shelby County Illinois is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Economic Development Council Of Shelby County Illinois generated $68.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.0% each year. All expenses for the organization totaled $67.9k during the year ending 12/2023. While expenses have increased by 4.0% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Noel Bolinger President | 5 | $0 | |
Brenda Elder Secretary | 5 | $0 | |
Kelly Jo Pasley Treasurer | 5 | $0 | |
Jeff Johnson Director | 1 | $0 | |
Walter Lookofsky Director | 1 | $0 | |
Shane Schuricht Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $39,181 |
| Total Program Service Revenue | $30,798 |
| Membership dues | $0 |
| Investment income | $25 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$1,376 |
| Other Revenue | $0 |
| Total Revenue | $68,628 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $22,400 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $3,868 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $38,405 |
| Total expenses | $67,856 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $86,990 |
| Other assets | $0 |
| Total assets | $86,990 |
| Total liabilities | $0 |
| Net assets or fund balances | $86,990 |